2820 O St Lincoln, NE 68503

Property Details for 2820 O St

Lot size

1.26 lot acres

Property size

14,457 SF

Property type

Churches & religious facilities

Description

This exceptional 14,457-square-foot property, located at 2820 O Street in Lincoln, Nebraska, presents a unique investment opportunity. Currently configured as a church, this vacant building offers significant potential for redevelopment or repurposing. The property boasts high visibility on O Street and sits on a generous 1.26-acre lot, providing ample parking for up to 78 vehicles. The interior features a large, open sanctuary capable of seating approximately 300 people, along with several smaller classrooms, offering flexibility for a variety of uses. The B-1 zoning allows for a range of commercial possibilities. The asking price is $1,575,000, translating to $108.94 per square foot. While previously used as a church, the property is currently vacant, although a lease-back agreement is in place until Spring 2025. This provides a potential income stream during the transition period. This prime Lincoln location, in Lancaster County, zip code 68503, offers excellent access and visibility, making it an attractive proposition for investors seeking a versatile property with strong redevelopment potential. The property's size and zoning make it suitable for a variety of commercial ventures. This is a rare opportunity to acquire a substantial property in a desirable location.